For the second week in a row, the 30-year fixed increased by 11 basis points, Freddie Mac found, a result of reaction to oil price hikes from the Iran conflict.
The deregulatory executive order, which pairs with another targeting small players' home loan rules, impacts the FHFA, HUD and other agencies.
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
This year 40 companies had what it takes to land on the Best Mortgage Companies to Work For list.
The top employers in home lending value business partners with a large market share and reach but they also need to differentiate themselves.
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Federal Reserve Chair Jerome Powell, in a post-FOMC meeting Wednesday, said he intends to stay at his post until a successor has been confirmed, adding that he will remain on the Fed board until a Justice Department investigation into him is concluded.
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Fannie Mae and Freddie Mac's single-family updates include some roof coverage options somewhat similar to what's used in one of their other divisions.
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The contract rate on a 30-year mortgage rose 11 basis points to 6.30% in the week ended March 13 following a similar advance at the week before, according to Mortgage Bankers Association data released Wednesday.
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The average annual premium is projected to increase 4% to about $3,057 this year, after jumping 12% in 2025, according to Insurify, an online insurance comparison site.
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Realtors and loan officers are wary of using artificial intelligence in place of a real estate agent, after a homeowner claimed to realize meaningful savings.
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Over the course of its first year in office, the second Trump administration has neutralized the enforcement of key civil rights laws by reorienting Consumer Financial Protection Bureau rules and eliminating "disparate impact" that allows banks to be penalized for the discriminatory effects of policies without proving discriminatory intent.
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Mortgage tech's speed is undermined by flawed credit data, causing costly fallout. Lenders must treat data accuracy as a pipeline risk, not a peripheral issue, according to the founder of Consumer Attorneys
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The federal government should step in to prevent an emerging patchwork of state regulations from stifling the benefits of applying the tools of generative artificial intelligence to the mortgage market.
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Treasury yields experienced a bullish open with the 5-year yield dropping over 15 basis points in five days, ahead of key jobs and inflation reports, as the dollar demonstrated strong adherence to technical levels, according to the CEO of IF Securities.
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ON-DEMAND VIDEOGet expert analysis of the May FOMC meeting, inflation outlook, and Powell's comments.
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ON-DEMAND VIDEOMike Goosay, Chief Investment Officer of Global Fixed Income at Principal Asset Management, breaks down the Federal Open Market Committee meeting, Chair Powell's press conference and the SEP.
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ON-DEMAND VIDEOA week ahead of inauguration day, Scott Colbert, executive vice president, director of fixed income and chief economist at Commerce Trust, takes a look at how the Federal Reserve and the economy will fare in President-elect Donald Trump's second run in the White House.
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